Successful start as an electricity producer
Cadogan Energy Solutions Plc has successfully launched its electricity production operations in Ukraine, commencing with 4.6 MW and expecting an additional 7.7 MW to become operational shortly, marking a significant strategic shift into power generation. The company's gas-to-power project, utilizing non-commercial gas from oil production, is complete and awaiting final approval, despite administrative and regulatory delays due to the ongoing war. This expansion positions Cadogan as a multi-energy group with a focus on energy solutions and services.
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Cadogan Energy Solutions is pleased to announce that, on January 30th, 2026, the Company has successfully launched its new electricity production operations in Ukraine with a first tranche of 4.6 MW. The remaining 7.7 MW of capacity is scheduled to be operational in the coming weeks.
Despite administrative, and regulatory delays due to the ongoing war in Ukraine, the Cadogan team demonstrated exceptional professionalism and commitment to this important project delivery.
This achievement marks a significant milestone in Cadogan's strategy, shifting the business model to a multi-energy group and entering the power generation sector for the first time in the Company's history.
The gas-to-power project and its gas infrastructure, which utilizes the non-commercial gas from oil production, are fully complete and awaiting final approval to commence operations imminently.
About
Cadogan Energy Solutions is an independent, multi-energy group, operating an exploration and production license in Western Ukraine, with two gas exploration licenses in Northern Italy granted in 2025. Cadogan is now an operator in the power generation sector. The Company's goal is to expand its investments across the energy value chain with a focus on energy solutions and services with a reduced environmental footprint.
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.